After maintaining a distance from the social networking space, Binance founder and former CEO Changpeng Zhao seems to be on track for a comeback. In a post on X, Zhao said he is going to be launching a new project called Giggle Academy. This is a free-for-all education project that aims to provide basic education for grades 1-12 through engaging, interactive games. As per Zhao, no crypto token – existing or new – is part of this project. Source: Reuters Zhao stepped down from the position of Binance's CEO last year, after he pleaded guilty for violating anti-money laundering and sanctions laws in the US. He is now facing potential jailtime, a decision on which will be finalised around April 30 when Zhao is slated to appear on court for this verdict. “Building a high-quality and sticky education platform that is entirely free and accessible to all is the most impactful thing I could do for the next chapter of my life,” Zhao said on the official website of this virtual academy. In...
X (formerly known as Twitter) has revealed its overall year-on-year growth numbers for video consumption and time spent watching videos, claiming that the social media platform is showing strong video-centric content consumption behaviour. The company CEO Linda Yaccarino also acknowledged the platform's rise in the video domain. Notably, X owner Elon Musk has emphasised the importance of becoming video-first and released several new video-centric features ever since he took over the company. Last month, X introduced audio and video calling features for all users. Source: Pimp My Type The information was shared by X Data, the official data-sharing account of the platform. As per the post , the social media giant has grown by 35 percent year-on-year in terms of video views. This indicates that the overall views of videos on the platform have grown more than one-third since the previous financial year. In addition, the post also added that the total time spent on vi...